Mita Garden Hills is a historic large-scale condominium for sale in Minato-ku, Tokyo. Located on the site of the former Ministry of Posts and Telecommunications Summary Insurance Bureau building, this project is a symbolic presence that those of us in the real estate industry cannot help but take notice of. In this article, we examine the appeal and value of Mita Garden Hills as a luxury residence that Minato Ward is proud to offer.
Rarity of Location and Historical Value
Mita Garden Hills boasts excellent accessibility to Mita 1-chome, Minato-ku, a five-minute walk from Azabu Juban Station on the Tokyo Metro Namboku Line and Toei Oedo Line. This location is not only convenient, but also offers a rare combination of quietness and elegance in the heart of the city, located in a prestigious neighborhood dotted with historical buildings.
The site area is approximately 25,000m2, one of the largest in Minato Ward. On this vast site, a large-scale residence consisting of five buildings with a total of 1,002 units has been created. The exterior design, which inherits the architectural beauty of the former Ministry of Telecommunications, is in perfect harmony with the surrounding historical landscape and will have solid asset value in the long term.
| Item | Description |
|---|---|
| Property Name | Mita Garden Hills |
| Location | 102-1, Mita 1-chome, Minato-ku, Tokyo (lot number) |
| Transportation | 5-7 minutes walk from Azabu-juban Station on Tokyo Metro Namboku Line and Toei Subway Oedo Line 10-12 minute walk from Shibakoen Station on the Toei Subway Mita Line |
| Total number of units | 1,002 units (2 other stores) |
| Site area | 25,246.57m2 |
| Total floor area | 148,310.07m2 |
| Structure and scale | Reinforced concrete; 14 floors above ground and 2 basement levels |
| Building Permit Number | Site (1): BCJ21 Main building, Confirmation No. 079, Variation 3 (December 2, 2022) Site 2: BCJ21 Main building, No. 072, Variation 3 (December 2, 2022) |
| Completion date | March 2025 (scheduled) |
| Move-in date | Late June 2025 (scheduled) |
| Design and construction | Taisei Corporation |
| Seller | Mitsui Fudosan Residential Co. |
| Management Company | Mitsui Fudosan Residential Service Co. |
| Parking | 501 spaces (459 mechanical, 42 flat parking spaces) for a total of 1002 units Monthly fee: 50,000 yen - 80,000 yen |
| Bicycle parking lot | 1,002 spaces / monthly fee: 200 yen - 1,000 yen, 20 shared cycle parking spaces |
| Management system | Outsourced to management company after formation of management association (resident caretaker) |
Composition by Building
Mita Garden Hills consists of five buildings, each with its own unique characteristics.
| Building Name | Characteristics |
|---|---|
| PARK MANSION | Symbolic building with a grand entrance |
| NORTH HILL | Large building with a total of 264 units |
| EAST HILL | Sunny building located on the east side of the building |
| SOUTH HILL | Building with a sense of openness facing greenery |
| WEST HILL | 8-story building with a distinctive character that allows residents to enjoy the greenery close at hand. |
Main floor plans and price range
| Type | Exclusive area | Price range | Price per tsubo |
|---|---|---|---|
| 4LDK+WIC+SIC+P | 200.42m2 (approx. 60.62 tsubo) | Approx. 1,700,000 yen (10F) | Approx. 28.04 million yen/tsubo |
| 3LDK+2WIC+SIC | 106.43 m2 (approx. 32.19 tsubo) | 395 million yen (10F) | Approx. 12.27 million yen/tsubo |
| 2LDK+WIC | 70.94 m2 (approx. 21.45 tsubo) | 267 million yen - 294 million yen range | Approx. 12.44 million yen to 13.7 million yen per tsubo |
| 2LDK+WIC+SIC+TR | 67.59 m2 (approx. 20.44 tsubo) | 205,000,000 yen～214,000,000 yen/tsubo | Approx. 10.02 million yen - 10.46 million yen/tsubo |
| 2LDK | 56.24 m2 (approx. 17.01 tsubo) | 186 million yen to 195 million yen range | Approx. 10.93 million yen to 11.46 million yen per tsubo |
Rental Market Price
| Type | Exclusive area | Rental Market Price |
|---|---|---|
| 3LDK+Sun+DEN+WIC+SIC | 95.25 sq.m. | 1,230,000 yen |
| 3LDK | 82.99m2 | 1,250,000 yen |
| 2LDK～3LDK | 70.00m2～106.00m2 | 950,000 yen～1,800,000 yen |
| 2LDK | Around 56m2 | 450,000 yen to 500,000 yen |
Environmental Performance and Sustainability Initiatives
| Item | Contents |
|---|---|
| Insulation performance | All houses will be ZEH-Oriented |
| Energy-creating equipment | Photovoltaic power generation equipment, household fuel cell (EneFarm) |
| Greening plan | Landscape design of approx. 7,700m2 |
| Special design | Carbon neutral design plan (primary energy consumption reduction rate: approx. ▲53%) |
| Biophilic | Greening in dwelling units, design to feel nature through all five senses |
| Resilience | EneFarm, which can generate electricity from gas even in the event of a power outage, is adopted |
Main Common Facilities
| Facility Name | Outline |
|---|---|
| Residents-only forest | A central relaxation space where residents can enjoy seasonal plants, trees, and flowers |
| Lounge | Multiple lounges located throughout the building |
| Workspace | For telework and business meetings |
| Guesthouse | Accommodation facilities are available |
| Mini-store | Convenient stores for daily shopping |
| Fitness room | Training facility with state-of-the-art equipment |
| Restaurant and bar lounge | A place to relax and enjoy the night view |
| Spa and sauna | Relaxation facilities |
| Golf range | Facilities for golf practice |
| Theater Room | Space to enjoy watching movies, etc. |
| Members-only swimming pool | Swimming pool facilities for the exclusive use of residents |
Conclusion: Creation of New Real Estate Value and Implications for the Future
Mita Garden Hills is a symbolic project that goes beyond mere luxury condominiums to present a new paradigm for urban living. What this building suggests is a revolution in the very nature of real estate development.
First, it shows that architecture can be an important bridge between the past and the future in terms of the fusion of inheritance of historical values and innovative technology. By incorporating the latest environmental technology while retaining the design of the former Ministry of Telecommunications, we have created a new value in which tradition and innovation coexist.
Second, from the perspective of harmony with the environment, the project presents the importance and potential of pursuing sustainability even in urban areas. The fact that this approach from the residential environment has been realized in a concrete form in response to the global issue of carbon neutrality is an important message for the real estate industry as a whole.
Third, the integration of spatial design and lifestyle shows that a home can evolve from a mere "place to live" to "a place that enriches people's lives. The enrichment of shared facilities and the introduction of lifestyle support services not only meet the diverse needs of modern society, but also create social value in the form of community building.
Fourth, from the perspective of balancing investment value and residential value, it reaffirms the principle that genuine quality and rarity maintain long-term asset value. This creates a virtuous cycle in which not only short-term profitability but also intrinsic value that enhances the quality of life of residents is consequently returned in economic value.
What is required of real estate development in the future is not merely superficial values such as "luxury" and "opulence," but the creation of intrinsic value with sustainability in the three aspects of the environment, society, and the economy. The birth of Mita Garden Hills will be an important step in demonstrating to society at large the potential of such new real estate values.
Housing is the foundation of life, and its quality is directly related to the quality of life. In this sense, the creation of a high-quality living environment is a social responsibility that goes beyond mere business. I personally hope that the philosophy of "home building" embodied by Mita Garden Hills will serve as a guideline for the real estate industry in the future and contribute to the realization of a better society.
Daisuke Inazawa
Representative Director of INA&Associates Inc. Based in Osaka, Tokyo, and Kanagawa, he is engaged in real estate sales, leasing, and management. He provides services based on his extensive experience in the real estate industry. Based on the philosophy that “human resources are a company's most important asset,” he places great importance on human resource development. He continues to take on the challenge of creating sustainable corporate value.
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